The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.044 to close at NT$29.871 as gains posted by the Japanese yen and the South Korean won encouraged traders to boost their local currency positions, dealers said.

Several foreign banks said Friday that they expect the local central bank to leave its key interest rates unchanged in an upcoming quarterly policymaking meeting scheduled for June 27.

The South Korean economy grew at its fastest pace for a year in the first quarter of this year, but marginally slower than originally estimated, the central Bank of Korea said Friday.

IT workers are in high demand with the industry developing fast, said Tran Anh Tuan, deputy director of the Centre of Forecasting Manpower Needs and Labor Market Information in Ho Chi Minh City.

China's economy will become twice as big as that of the United States and larger than both the U.S. and the EU combined within just 17 years, according to one of China's leading economists.

At least 20 people died and more than 30 were injured when a bus “burst into flames” in southeast China, state media reported, the country's latest deadly road accident.

The American Chamber of Commerce (AmCham) in Taipei yesterday released its annual Taiwan White Paper, calling upfront for the Ma administration to boost the nation's overall competitiveness.

Kuomintang lawmaker Tsai Cheng-yuan (蔡正元) said yesterday that he plans to propose a revision to the Accounting Act amid controversy surrounding a recently passed amendment to the law.

Taichung Mayor Jason Hu (胡志強) yesterday brushed aside rumors claiming that President Ma Ying-jeou is planning to nominate him as head of the Control Yuan, saying that although he has heard such speculation, the idea itself is completely far-fetched.

No representatives from Taiwan's Central American and Caribbean allies have met with Chinese President Xi Jinping (習近平) during his ongoing trip to the region, a Ministry of Foreign Affairs (MOFA) official said yesterday.